GOLD ROYALTY CORP (GROY) Stock Fundamental Analysis
NYSEARCA:GROY - CA38071H1064 - Common Stock
3.82 USD
+0.2 (+5.52%)
3.9289 USD
+0.11 (+2.85%)
We assign a fundamental rating of 4 out of 10 to GROY. GROY was compared to 156 industry peers in the Metals & Mining industry. The financial health of GROY is average, but there are quite some concerns on its profitability. GROY is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year GROY has reported negative net income.
GROY had a positive operating cash flow in the past year.
GROY had negative earnings in each of the past 5 years.
In the past 5 years GROY reported 4 times negative operating cash flow.
1.2 Ratios
With a Return On Assets value of -0.25%, GROY perfoms like the industry average, outperforming 57.05% of the companies in the same industry.
Looking at the Return On Equity, with a value of -0.33%, GROY is in line with its industry, outperforming 57.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.25% | ||
| ROE | -0.33% | ||
| ROIC | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
Looking at the Gross Margin, with a value of 72.13%, GROY belongs to the top of the industry, outperforming 97.44% of the companies in the same industry.
GROY's Gross Margin has improved in the last couple of years.
GROY does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.13% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y60.79%
GM growth 5YN/A
2. Health
2.1 Basic Checks
GROY does not have a ROIC to compare to the WACC, probably because it is not profitable.
There is no outstanding debt for GROY. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
GROY has an Altman-Z score of 1.98. This is not the best score and indicates that GROY is in the grey zone with still only limited risk for bankruptcy at the moment.
The Altman-Z score of GROY (1.98) is comparable to the rest of the industry.
The Debt to FCF ratio of GROY is 9.66, which is on the high side as it means it would take GROY, 9.66 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.66, GROY is in the better half of the industry, outperforming 62.82% of the companies in the same industry.
GROY has a Debt/Equity ratio of 0.09. This is a healthy value indicating a solid balance between debt and equity.
GROY has a Debt to Equity ratio of 0.09. This is in the better half of the industry: GROY outperforms 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 9.66 | ||
| Altman-Z | 1.98 |
ROIC/WACCN/A
WACC9.82%
2.3 Liquidity
GROY has a Current Ratio of 1.56. This is a normal value and indicates that GROY is financially healthy and should not expect problems in meeting its short term obligations.
GROY has a worse Current ratio (1.56) than 69.23% of its industry peers.
A Quick Ratio of 1.56 indicates that GROY should not have too much problems paying its short term obligations.
The Quick ratio of GROY (1.56) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.56 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.00% over the past year.
The Revenue has grown by 90.37% in the past year. This is a very strong growth!
GROY shows a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 276.04% yearly.
EPS 1Y (TTM)75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
Revenue 1Y (TTM)90.37%
Revenue growth 3Y276.04%
Revenue growth 5YN/A
Sales Q2Q%113.1%
3.2 Future
Based on estimates for the next years, GROY will show a very strong growth in Earnings Per Share. The EPS will grow by 43.48% on average per year.
The Revenue is expected to grow by 35.06% on average over the next years. This is a very strong growth
EPS Next Y40.48%
EPS Next 2Y64.74%
EPS Next 3Y59.27%
EPS Next 5Y43.48%
Revenue Next Year63.55%
Revenue Next 2Y57.53%
Revenue Next 3Y47.91%
Revenue Next 5Y35.06%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for GROY. In the last year negative earnings were reported.
GROY is valuated quite expensively with a Price/Forward Earnings ratio of 267.51.
GROY's Price/Forward Earnings is on the same level as the industry average.
GROY is valuated expensively when we compare the Price/Forward Earnings ratio to 22.52, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 267.51 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GROY.
GROY's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 120.56 | ||
| EV/EBITDA | 636.64 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates GROY does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as GROY's earnings are expected to grow with 59.27% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y64.74%
EPS Next 3Y59.27%
5. Dividend
5.1 Amount
GROY has a Yearly Dividend Yield of 2.58%. Purely for dividend investing, there may be better candidates out there.
GROY's Dividend Yield is rather good when compared to the industry average which is at 2.67. GROY pays more dividend than 89.74% of the companies in the same industry.
GROY's Dividend Yield is comparable with the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
5.2 History
GROY does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DP0%
EPS Next 2Y64.74%
EPS Next 3Y59.27%
3.82
+0.2 (+5.52%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryMetals & Mining
Earnings (Last)
Earnings (Next)
Inst Owners14.49%
Inst Owner Change57.02%
Ins Owners1.63%
Ins Owner ChangeN/A
Market Cap651.27M
Analysts81.67
Price Target3.89 (1.83%)
Short Float %4.58%
Short Ratio3.07
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.58% |
Yearly Dividend0.02
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)34.64%
Min EPS beat(2)-30.72%
Max EPS beat(2)100%
EPS beat(4)2
Avg EPS beat(4)-1096.76%
Min EPS beat(4)-5001.96%
Max EPS beat(4)545.63%
EPS beat(8)3
Avg EPS beat(8)-566.78%
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)14.59%
PT rev (3m)17.06%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)33.31%
EPS NY rev (3m)33.31%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-0.83%
Revenue NY rev (3m)-3.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 267.51 | ||
| P/S | 52.62 | ||
| P/FCF | 120.56 | ||
| P/OCF | 120.56 | ||
| P/B | 1.17 | ||
| P/tB | 1.17 | ||
| EV/EBITDA | 636.64 |
EPS(TTM)-0.01
EYN/A
EPS(NY)0.01
Fwd EY0.37%
FCF(TTM)0.03
FCFY0.83%
OCF(TTM)0.03
OCFY0.83%
SpS0.07
BVpS3.28
TBVpS3.28
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -0.25% | ||
| ROE | -0.33% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 72.13% | ||
| FCFM | 43.65% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y60.79%
GM growth 5YN/A
F-Score5
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.09 | ||
| Debt/FCF | 9.66 | ||
| Debt/EBITDA | 49.88 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | 516.44% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.56 | ||
| Quick Ratio | 1.56 | ||
| Altman-Z | 1.98 |
F-Score5
WACC9.82%
ROIC/WACCN/A
Cap/Depr(3y)0.55%
Cap/Depr(5y)N/A
Cap/Sales(3y)0.25%
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)75%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%100%
EPS Next Y40.48%
EPS Next 2Y64.74%
EPS Next 3Y59.27%
EPS Next 5Y43.48%
Revenue 1Y (TTM)90.37%
Revenue growth 3Y276.04%
Revenue growth 5YN/A
Sales Q2Q%113.1%
Revenue Next Year63.55%
Revenue Next 2Y57.53%
Revenue Next 3Y47.91%
Revenue Next 5Y35.06%
EBIT growth 1Y93.39%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year-23.81%
EBIT Next 3Y44.06%
EBIT Next 5Y37.97%
FCF growth 1Y294.32%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y294.18%
OCF growth 3YN/A
OCF growth 5YN/A